Talbots Overvalued as It Falls on Strong Quarter
June 08, 2010 at 10:56 AM EDT
Women’s apparel retailer Talbots, Inc. (TLB) has fallen nearly 8% in early trading after reporting a better than expected quarter. Not only did Talbots top analyst’s expectations on earnings per share but they also raised guidance for the full year. In the quarter, Talbots’ net loss was $4.4 million or 8 cents per share but [...]